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Banking Secretary urged banks to organize workshops, seminars and financial literacy programs to create awareness among the street vendors about PM SVANidhi scheme

Centre asks public sector banks to expedite target achievement for current fiscal

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Banking Secretary asks heads of banks to regularly review the progress and ensure the achievement of targets of the saturation campaign The Centre has urged...
The AIBEA on Saturday released the list of willful defaulters who owe Rs.1,47,350 crore to public sector banks

Bank staffers’ union AIBEA releases list of wilful defaulters of public sector banks. 2426...

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India’s largest bank staffers union, the All India Bank Employee’s Association (AIBEA) on Saturday released the list of wilful defaulters who owe Rs.1,47,350 crore...
Union Cabinet has given a go-ahead for Bank merger, 10 Public Sector Banks to turn into four big banks.

Public Sector Banks Merger … Will it work to succeed?

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The Union Cabinet has given a go-ahead for the merger proposal and the government claim to have assessed the banks for mergers. The Union Cabinet...
Public sector banks bleed; taxpayer, customer pay

Public sector banks bleed; taxpayer, customer pay

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None of the Public sector banks presents a rosy scenario The third-quarter results of banks once again prove, if a proof is indeed needed, that...
Public sector banks are evil

Public sector banks are evil

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There is no rational, economic reason why banks should be in the public sector The justification of bank nationalization revolves around supposed goodness of state...
Re-capitalizing Public Sector banks in India

Re-capitalizing Public Sector banks in India

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PerformanceGurus Staff New Delhi Waking up to the distressed situation of the state-run banks which are plagued with rising bad debts, the Government on Friday announced...
RBI to launch pilot project for public tech platform for frictionless credit on Aug 17

RBI to launch pilot project for public tech platform for frictionless credit on Aug...

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The Reserve Bank Innovation Hub is developing a frictionless credit platform The Reserve Bank of India (RBI) will on August 17 launch a pilot project...
Customer service, customer conduct and ethical employee behavior are key in banks, banks' boards should pay close attention to these aspects, says RBI Dy governor

Apt time to address gaps in governance framework of banks: RBI deputy governor

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Indian banking sector at this juncture is sound, resilient, and financially healthy says RBI deputy governor Time is perhaps right to address gaps in governance...
The incentives in bank regulation are so messed up and so many people have an interest in having them messed up … it’s totally crazy, says Buffet

Executives who led US banks into crisis should face ‘punishment’: Warren Buffett

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Warren Buffett slams US Govt handling of bank failures As the American economy grapples with the worst series of bank failures since the 2008 financial...
What is it? Unbridled greed to grab people’s property? Why is CBI slow-walking this one?

Delhi High Court asks CBI to file probe status report on Chidambaram family’s hotel...

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Delhi HC gives CBI four weeks to file status report Delhi High Court on Tuesday directed CBI to file a status report on its probe...

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